The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) increased by about 900 points during Wednesday’s intraday trade as Islamabad completed the last pre-condition to resume the International Monetary Fund’s (IMF) loan programme. The benchmark KSE-100 index increased by 915.47 points or 2.28 percent to 41,107 points as of 1:59 p.m. from its opening […]
Stock Market
PSX witnesses bearish trend, loses 660 points
The Karachi Stock Exchange 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 660.46 points, with a negative change of 1.53pc, closing at 42,440.25 points against 43,100.71 points on the last working day. A total of 118,986,341 shares were traded during the day compared to the trade of 189,926,559 shares […]
PSX sheds 777 points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Friday, losing 777.26 points, with a negative change of 1.77 percent, closing at 43,029.97 points against 43,807.23 points on the last working day. A total of 180,438,013 shares were traded during the day compared to the trade of 148,505,513 shares the […]
Tokyo shares close higher ahead of Fed meeting
Tokyo shares close higher ahead of Fed meeting Tokyo, March 15 (AFP/APP):Tokyo shares closed higher on Tuesday as investors awaited a Fed policy meeting starting later in the day. The benchmark Nikkei 225 index added 0.15 percent, or 38.63 points, to end at 25,346.48, while the broader Topix index advanced 0.79 percent, or […]
54 percent market players expect hike in policy rate during 2021
The Topline Securities conducted a poll of key financial market players regarding their views on the upcoming Monetary Policy Statement (MPS), which is scheduled for May 28, 2021. According to the polls, 78 participants took part in the latest poll, compared to 118 in the March poll which was conducted for the March 2021 MPS. […]
World markets dive as investor panic spreads
LONDON: Panic gripped trading floors across the world on Tuesday, with Asia and Europe plunging after record-breaking losses on Wall Street, as investors fretted over the prospect of rising US interest rates and took profits following months of markets euphoria. The selloff began last Friday when bright US non-farm payrolls data sparked fears that inflation […]